Announcement

The Australian Office of Financial Management (AOFM) will hold a tender for the issue of Treasury Bonds on Friday, 15 January 2016. Details of the tender are set out below.

Series Offered

5.75% 15 July 2022

Series Number

TB128

ISIN

AU3TB0000051

Offered to Public ($million)

800

First Coupon Payment Due*

15 July 2016

First Coupon Payment Amount (per $100 face value)

$2.875

*Coupons will be paid at half-yearly intervals thereafter.

Lodgement of Bids

Bids may be lodged by Registered Bidders through the AOFM Tender System, which is accessed via the Yieldbroker DEBTS System, between 10.45 am and 11.00 am Australian Eastern Daylight Time on Friday, 15 January 2016.

All bids must comply with the Information Memorandum for Treasury Bonds [PDF 146KB | RTF 1.134MB] dated 14 August 2015.

Announcement of Results

The results of the tender are expected to be announced as soon as practicable after the closing time for the lodgement of bids.

Settlement Arrangements

Successful bids for Treasury Bonds offered in the tender must be settled in the Austraclear System on Wednesday, 20 January 2016.

Last updated: 15 January 2016

Results

15 January 2016

Series Offered

5.75% 15 July 2022

Series ID

TB128

ISIN

AU3TB0000051

Offered to Public ($million)

800

Amount Allotted to Public ($million)

800

Weighted Average Issue Yield (%)

2.3549

Coverage Ratio

2.0875

Lowest Yield Accepted (%)

2.3525

Highest Yield Accepted (%)

2.3575

Total Amount of All Bids Received ($million)

1,670

Total Number of Bids

36

Total Number of Successful Bids

12

Number of Bids Allocated in Full

8

Best Bid (%)

2.3525

Worst Bid (%)

2.3925

Weighted Average Bid (%)

2.3619

Amount Allotted at Highest Accepted Yield as Percentage of Amount Bid at that Yield*

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